Thread regarding Nationwide (Insurance and Financial Services) layoffs

“200ish” of 1,100 IT infrastructure resources are about to go through layoffs in Columbus Ohio. Afterwards they will creat 3-5 AVP positions...

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Post ID: @YG8uZY6

7 replies (most recent on top)

Our team will be notified tomorrow.

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Post ID: @YG8uZY6-14fog

I worked at Nationwide for nearly two decades, and know they've been doing shadow layoffs for years. Terminations thinly disguised as performance concerns that don't stand up to scrutiny. A refusal to replace FTEs who leave voluntarily. A preference to use contractors, interns, and H1B (ie, indentured) labor. The atmosphere turned overtly toxic after Jurgenson left -- which roughly coincides with the buyback of publicly traded NF shares -- but who knows... maybe it was there all along, just better hidden.

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Post ID: @YG8uZY6-13gkz

I keep hearing 20%.... Employees to be let go will be announced this week - June 25 - 29.

NW let go of a large percentage of IT support about 10 years ago... When they couldn't keep up with the workload, many, if not all of the numbers let go were rehired.

It's been a frightening place to work for a long time. New infrastructure only looks bad for most employees.

Many offices and parts of the business have been shrinking for years.

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Post ID: @YG8uZY6-13zyj

They (Upper management) is betting the farm on "The Cloud"

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Post ID: @YG8uZY6-Jkie

They're cutting our team 40%. So even if you make "the cut," you have 40% more work to do.

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Post ID: @YG8uZY6-Hxhy

It is sad people are losing their job. Having said, let us be honest, there are too many people doing a job which is not required. I know all are busy but most of it is not necessary.

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Post ID: @YG8uZY6-eguk

The 200 number is accurate. The 3-5 AVPs jobs created is not.

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Post ID: @YG8uZY6-6haa

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